Tron’s net issuance rate declined to -13.67 million from – 5.19 million a month ago. The total number of burned tokens reached over 15.43 billion, forming around 16% of TRX’s circulating supply. TRON [TRX] burned over 18.74 million tokens over 24 hours until 3 March, as per data from Tronscan. With the number of new […]
Tron’s net issuance rate declined to -13.67 million from – 5.19 million a month ago.
At the time of writing, the total amount of burned tokens reached over 15.43 billion, forming around 16% of TRX’s total circulating supply.A steady drop in issuance rate makes a token scarce, which could boost its demand in the market, resulting in price hikes. This was evident in TRX’s price trajectory over the last month during which it gained 6%, data fromThese aforementioned developments impacted TRON’s metrics positively over the last week.
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